Monetary Policy Analysis and Forecasting in the Group of Twenty : A Panel Unobserved Components Approach /

This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into twenty national economies along the lines of the Group of Twenty. This structural macroeconometric model features extensive linkages between the real and financial...

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Bibliografiske detaljer
Hovedforfatter: Vitek, Francis
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2010.
Serier:IMF Working Papers; Working Paper ; No. 2010/152
Online adgang:Full text available on IMF
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245 1 0 |a Monetary Policy Analysis and Forecasting in the Group of Twenty :   |b A Panel Unobserved Components Approach /  |c Francis Vitek. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into twenty national economies along the lines of the Group of Twenty. This structural macroeconometric model features extensive linkages between the real and financial sectors, both within and across economies. A variety of monetary policy analysis and forecasting applications of the estimated model are demonstrated, based on a Bayesian framework for conditioning on judgment. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2010/152 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2010/152/001.2010.issue-152-en.xml  |z IMF e-Library